The City of Colbert was first chartered as Five Forks in 1899. The roads from Diamond Hill, Danielsville, Comer, Crawford and Athens came together at a point near where the traffic signal is now located. The name of Five Forks was changed to Colbert in 1909 in honor of the Colbert Family, one of the early residents. The railroad was built thru Five Forks in 1891. The depot was constructed in 1892 and now serves as the Colbert City Hall. Up until the 1950s, cotton was king in the area. In 1970, the Colbert July 4th celebration and barbecue began, and has continued annually. Red Cannas have been the official flower since the 1960s.